Park Ridge borough, New Jersey Median Income

Park Ridge borough, New Jersey has a population of 9,184, with a median household income of $154,228.

Current median income data for Park Ridge borough.

$154,228

👥

Population

9,184

💰

Median Income

$154,228

📉

Unemployment

1.70%

🏠

Housing Price

$721,114

🚨

Crime Rate

0.20

🌐

Internet Speed

287.60 Mbps

Park Ridge borough is a small local community located in New Jersey. The city has a population that is below the average city population in New Jersey, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Park Ridge borough, located in New Jersey, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Park Ridge borough has a population of 9,184, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Park Ridge borough is $154,228, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Park Ridge borough average around $721,114, which is relatively high compared to other cities in New Jersey.

Employment and Safety

The unemployment rate in Park Ridge borough is 1.70%, which is lower than the state average, indicating a relatively strong job market. Park Ridge borough has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in New Jersey, Park Ridge borough shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Overall, Park Ridge borough offers a balanced mix of economic conditions, population trends, and housing opportunities within New Jersey.

Frequently Asked Questions about Park Ridge borough

What is the population of Park Ridge borough?

The population of Park Ridge borough is approximately 9,184.

Is Park Ridge borough a good place to live?

Park Ridge borough offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Park Ridge borough?

The median household income in Park Ridge borough is around $154,228.

How expensive is housing in Park Ridge borough?

The average housing price in Park Ridge borough is approximately $721,114.